UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 Accounting for non-permanence of carbon sequestration – options as contained in FCCC/SBSTA/2003/10/Add.3.

Slides:

Advertisements

Similar presentations

Ongoing discussions on the formulation of National Appropriate Mitigation Actions (NAMAs) and their possible inclusion as market mechanisms in a post-2012.

Advertisements

UNFCCC African Group preparatory meeting for COP9 on LULUCF under the CDM. (UNEP, IUCN, FAO) Addis Ababa, 23/10/2003 Antonio Lumicisi Ministry for the.

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 Capacity building Brainstorming ideas towards support for LULUCF implementation Concept development for.

Climate Change Mitigation: The need to include Agriculture, Forestry and Other Land Uses (AFOLU)

UN Climate Change Secretariat CDM Project Cycle calibration 1 st Sustainable Development Mechanisms Joint Coordination Workshop Bonn, Germany, March.

LULUCF in the negotiations AWG-KP-5 Bangkok April 2008 Jim Penman.

Non-Permanence Modalities for LULUCF Projects in the CDM Catherine Leining and Ned Helme COP-8 Side Event 29 October 2002.

Consideration of LULUCF activities... Thelma Krug Ministry of the Environment.

Definitions and Modalities for including afforestation and reforestation project activities under Article 12 in the first CP Modalities for addressing.

USAID-CIFOR-ICRAF Project Assessing the Implications of Climate Change for USAID Forestry Programs (2009) The Clean Development Mechanism: Overview Topic.

Economic Analysis of Carbon Sequestration. Hypothesis: By adopting more sustainable practices, farmers can sequester C in soil at a cost competitive with.

S E R V I N G C A N A D I A N S A U S E R V I C E D E S C A N A D I E N S This may not necessarily represent the view of the Government CBA/Justice Annual.

1 Validation and registration Verification and issuance Technical Workshop on CDM Paramaribo, 20 June 2008 Adriaan Korthuis.

CDM – LULUCF Project Cycle Winrock International Sandra Brown Training Seminar for BioCarbon Fund Projects.

ICAO Symposium on Aviation and Climate Change, “Destination Green”, 14 – 16 May 2013 Destination Green Overview of the United Nations’ offset mechanisms.

1 Sinks in the CDM: Assessment of Carbon Accounting Options XVIII Meeting of the Subsidiary Body for Scientific and Technological Advice Bonn (Germany)

Module 2: Project appraisal M2. M2. Project appraisal Time lines -10:45 -12:30: Content: Elements of the project appraisal (SSN) –Blunt tools blunt data.

Module 1: Introduction and recap M1. M1. Introduction and recap This first workshop covers all the following contents – as per work plan: CDM modalities.

Carbon sequestration potential assessment in India by A/R activities and implementation of pilot studies Indo-Italian Business Seminar on Renewable Energy.

1 Climate and Deforestation Positive incentives to reduce deforestation emissions in developing countries: views from Brazil.

Canada’s Offset System for Greenhouse Gases Dean Stinson O’Gorman New Brunswick Climate Change Hub meeting October 7, 2009.

Method of Evaluating Afforestation/Reforestation CDM Project - An Indonesia Case Study - Sumitomo Forestry Co., Ltd., Tokyo, Japan June 5, 2003 Bonn.

CDM PoA CPA. What is a Programme of Activities? Definition: A programme of activities (PoA) is a voluntary coordinated action by a private or public.

REDD PLUS -- What is that?. 1. REDD PLUS – in brief Background: Deforestation has become a problem that the world cannot ignore.  Deforestation results.

KYOTO PROTOCOL MECHANISMS EURASIA 歐亞 Solicitors and Advocates.

Sustainable Forest Management – Part of the Global Climate Solution.

Stakeholder consultation on discussion document on GHG mitigation potential within the agriculture and forest sector Portlaoise 15 May 2015 Eugene Hendrick.

Carbon Trading: The Challenges and Risks John Drexhage Director, Climate Change and Energy International Institute for Sustainable Development Agriculture.

Presented by Dean Current, PhD Center for Integrated Natural Resources and Agricultural Management (CINRAM) Department of Forest Resources University of.

Overview of BioCF ERPA terms December 15, 2005 The World Bank, Washington, DC.

Introduction to Climate Change: - global warming - basis steps in a clean development project - connection of CDM with European Trading Scheme Wim Maaskant.

SESSION 3: Climate Change Financing Opportunities.

Expertise everyday, everywhere Verifying Sinks and Bio-energy Projects Irma Lubrecht Société Générale de Surveillance.

LULUCF Concepts Training Seminar for BioCarbon Fund Projects February 8 th 2008 Timothy Pearson and Sarah Walker Winrock International.

Relationship between the EU ETS and the Kyoto Protocol Flexible Mechanisms, from the Perspective of Bioenergy and C Sequestration Relationship between.

The African CDM Training Workshop and Preparatory UNFCCC COP9 Meeting Addis Ababa, Ethiopia, October 20 – 21, 2003 INSTITUTIONAL SET-UP FOR CDM Dr Youba.

FAO 2005 Seminar, O. Cacho 1 Transaction Costs of Carbon Sink Projects Oscar Cacho School of Economics University of New.

FINANCING REDD – A CRITICAL EVALUATION OF THE REDD MECHANISM Patricia Blazey and Hope Ashiabor Patricia Blazey and Hope Ashiabor 1.

Harnessing the carbon market to sustain ecosystems and alleviate poverty Project Cycle and Project Design Document Project Cycle and Project Design Document.

Welcome. The legal framework of CDM - UNFCCC, at Rio de Janeiro Earth Summit, Kyoto protocol, CDM, Parties and Benefits Basic requirements.

Implementation of the Kyoto Protocol: what does it mean for bioenergy and C sequestration? Implementation of the Kyoto Protocol: what does it mean for.

LULUCF Issues Kyoto Protocol & Bonn Agreement Article 3.3: Afforestation, reforestation & deforestation Article 3.4: Cropland management, grassland management,

TRANSACTION TYPES and FINANCING Architecture of CDM transactions By Steve Thorne SouthSouthNorth Addis Ababa 21 st October 2003.

CDM and Forestry Sector in India Carbon Pool of Forestry Sector in India The growing stock of the country has been estimated to be 4,740 million m³.

1Jukka Muukkonen Carbon binding and forest asset accounts Forest related issues in greenhouse gas inventory Connections between SEEA2003 forest asset accounts.

Case Study2: Reforestation Project Using Native Species Around AES-Tiete Reservoirs ARNM0002 Comments on Baseline Methodology Fourth Regional Workshop.

Regional Greenhouse Gas Initiative RGGI John Marschilok, P.E. Environmental Engineer Department New York State Department of Environmental Conservation.

CDM Project Cycle & Project Design Document Project Design Document First Extended & Regional Workshops CD4CDM Project Siem Reap, Cambodia March.

Cacho (2008) 1 THE ROLE OF TRANSACTION COSTS IN LUCF PROJECTS Research funded by ACIAR Oscar Cacho School of Business, Economics and Public Policy University.

Biosequestration through GHG offsets: An overview of activity in Canadian federal departments of forestry and agriculture April 28, Washington, DC.

1 Consideration of Forestry Assets in Climate Change Legislation Cologne, 8 May 2007 Charlotte Streck

L/O/G/O ประเสริฐสุข จามรมาน รองผู้อำนวยการองค์การบริหาร จัดการก๊าซเรือนกระจก ยุทธศาสตร์การเติบโต แบบสีเขียว (Green Growth) 1.

U.S. Office: 1877 Garden Avenue Eugene, Oregon USA.

CD4CDM Review of Workshop 1 ….innovating energy solutions…. KITE, SSN & UNEP.

© 2006 UNDP. All Rights Reserved Worldwide. Proprietary and Confidential. Not For Distribution Without Prior Written Permission. CDM Project Cycle Anna.

Climate mitigation and avoided deforestation Martina Jung Quest Workshop on Forestry and Climate Mitigation, July 2005.

AIT Developing Baselines for Afforestation and Reforestation Projects Sudhir Sharma Asian Institute of Technology Bangkok, Thailand 26 th March 2004.

CDM Project Cycle LGED Bhaban, Dhaka 8 – 9 April 2008 Presented by Khandaker Mainuddin Fellow, BCAS.

LULUCF CDM small-scale projects -Small-scale energy projects -Current draft text in SBSTA/2003/L.13 -Simplified procedures for energy projects -Potential.

Tatsushi HEMMI Institute for Global Environmental Strategies COP 9 Decisions related to CDM in forestry sector – An update on implications for Asia IGES-URC.

Seite 1 Stand: Article 3.4 and CDM outcomes: implications for wood based industries / bioenergy Bernhard Schlamadinger IEA Bioenergy Task 38,

UNFCCC secretariat, Sustainable Development Mechanisms programme Nashib Kafle, Associate Programme Officer Session 3: The Concept of Programme of Activities.

Land Use, Land Use Change and Forestry (LULUCF) European Commission expert group on forest fires Antalya, 26 April 2012 Ernst Schulte, DG ENV on behalf.

AWG in session workshop LULUCF Treatment of LULUCF Need to make sure that we do not re-write the Marrakech Accords Need to keep accounting approaches as.

Introduction to registry systems

REDD+ negotiations and key milestones from Cancun to Durban Geneva, 9 May 2011 Clea Paz-Rivera, UN-REDD Secretariat.

1 Forests and Climate Change London, 24 January 2007 Charlotte Streck

Ministerial workshop on the role of boreal forest in CO 2 balance Tuczno, April 26 – 29, 2016 Land use sector: A fair, cost-effective and affordable deal.

Land use, land-use change and forestry projects under JI in theory and practice B. Schlamadinger and N. Bird Joanneum Research, Austria C. Streck and.

Agreement on Domestic Sinks in the Kyoto Protocol (Bonn Agreement)

Presentation transcript:

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 Accounting for non-permanence of carbon sequestration – options as contained in FCCC/SBSTA/2003/10/Add.3 Jens Mackensen (following presentation by Martina Jung, HWWA, Manila)

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 The negotiaton text offers three options for accounting of non- permanence: 1) rCERs (removal Certified Emission Reductions) 2) tRMUs (temporary Removal Units) 3) iCERs (insured Certified Emission Reductions)

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 rCERs Temporary credit Validity? - (Only valid for CP in which it was issued) or - Expiry 5 (20) years after issuance Not bankable If carbon is lost upon expiry of rCER, it has to be replaced by other (temporal or permanent) credits

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 tRMUs Temporary credit converted CER from forest CDM project (after 2% for adaptation fund subtracted) Validity? - Valid for actual Commitment Period, in which it was issued - End of subsequent CP to which it was issued Not bankable An expired tRMU can be replaced by a valid tRMU up to 7 (x?) times / CP (total of 35 years) Afterwards, tRMU has to be replaced by a permanent credit

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 iCERs (Permanent) CER, insured up to at least [Y] years after end of crediting period In case of GHG release (during verification period), insurance has to replace the respective amount of iCERs with other credits If insurance provider unable, Annex 1 country in possession of iCER is liable No liability after end of insurance coverage

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 Crediting Approaches AdvantagesDisadvantages rCER -accounts for non- permanence -Relatively easy to understand tRMU -accounts for non- permanence -rather complicated -renewal limited iCER If insurance coverage far beyond crediting period -Non-permanence (partially) accounted for -Insurance not available for such long-term iCER If insurance coverage NOT far beyond crediting period -not accounted for non-permanence -insurance not available to developing countries

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 Carbon accounting 1.Total stock change 2.Average stock change 3.Delayed total stock J.44. The certification report shall constitute a request to the Executive Board for issuance of [CERs] [rCERs] [or ICERs] equal to the verified amount of net anthroponic greenhouse gas removals by sinks achieved by the afforestation and reforestation project activity under the CDM [during the [verification] period] [since the start of the project].

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 Carbon stock accounting: Total stock change, advanced crediting t0t0 t1t1 Certification and issuance time carbon rCER - t 1 : here end of 1 st Commitment Period (could be earlier) - rCERs valid for CP in which certification has taken place - Problem: risk of carbon release afetr t 1 (full amount has not neen stored for t 1 -t 0 )

rCER UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 t0t0 t1t1 Certification and issuance time carbon - t 1 : here end of 1 st Commitment Period (could be earlier) - rCERs valid for CP in which certification has taken place - If release after t 1, but amount of rCERs represent sequestration in t 1 -t 0 - Economically unattractive Carbon stock accounting: Average stock change, advanced crediting

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 time -If total stock change of t 1 maintained, full issuance of rCERs at t 2 -Amount of rCERs represents real storage (risk of early release avoided) -Economically unattractive, because income flow very late Carbon stock accounting: Total stock change, delayed crediting t0t0 t1t1 Initial certification carbon t2t2 rCER Certification and issuance

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 Crediting period Three options 1)Maximum of [Y] years, renewal of at most [X] times If original baseline still valid, starts with project activity Not beyond 31st December )See above OR [A maximum of] [5] [X] years 3)A maximum of [5] [X] years In forestry environmental and socio-economic benefits are expected to be larger for longer crediting periods Investor interests/investor security ?

UNEP-IUCN-FAO CDM and Forestry Addis, Oct 2003 Definitions – Threshold date Keep consistency, firmness -dont reward deforestation - natural regeneration needs time - documentation possible - historic emissions Change to more suitable land available - more soc.-env. benefits - documentation easier - more geographic equity Shifting date (10 years)